Fixes Record Date for Reduction of Share Capital
Piccadily Sugar & Allied Industries Ltd has informed BSE that, in pursuance of order of Hon'ble BIFR, vide clause no 9.1 & 11.8 of the sanctioned Scheme dated April 09, 2010 the subscribed and paid up equity share capital of the company stands reduced by 50% resulting in reduction in number of equity shares. The new equity shares will be issued in the ratio of 1:2 i.e. one new equity share of Rs. 10/ each will be issued for every 2 equity shares...13-05-2010